International Flavors & Fragrances (FRA:IFF) Change In Receivables : €45 Mil (TTM As of Dec. 2023)

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What is International Flavors & Fragrances Change In Receivables?

International Flavors & Fragrances's change in receivables for the quarter that ended in Dec. 2023 was €118 Mil. It means International Flavors & Fragrances's Accounts Receivable declined by €118 Mil from Sep. 2023 to Dec. 2023 .

International Flavors & Fragrances's change in receivables for the fiscal year that ended in Dec. 2023 was €47 Mil. It means International Flavors & Fragrances's Accounts Receivable declined by €47 Mil from Dec. 2022 to Dec. 2023 .

International Flavors & Fragrances's Accounts Receivable for the quarter that ended in Dec. 2023 was €1,583 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. International Flavors & Fragrances's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. International Flavors & Fragrances's liquidation value for the three months ended in Dec. 2023 was €-11,939 Mil.

International Flavors & Fragrances Change In Receivables Historical Data

The historical data trend for International Flavors & Fragrances's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International Flavors & Fragrances Change In Receivables Chart

International Flavors & Fragrances Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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54.00

-50.14

-149.57

-110.45

46.77

International Flavors & Fragrances Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															181.25	-58.84	-6.46	-7.50	118.29

International Flavors & Fragrances Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €45 Mil.

International Flavors & Fragrances (FRA:IFF) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

International Flavors & Fragrances's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1582.742	/	2478.651	*	91
=	58.27

2. In Ben Graham's calculation of liquidation value, International Flavors & Fragrances's accounts receivable are only considered to be worth 75% of book value:

International Flavors & Fragrances's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	644.651	-	14980.112	+	0.75 * 1582.742	+	0.5 * 2419.046
=	-11,939

International Flavors & Fragrances Change In Receivables Related Terms

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International Flavors & Fragrances (FRA:IFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (FRA:IFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

IFF:USA I1FF34:Brazil I1CE34:Brazil IFF:Austria IFF:Argentina

Address

521 West 57th Street, New York, NY, USA, 10019-2960

Website

https://www.iff.com

International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.